EX-25.1 36 h37691exv25w1.htm FORM T-1 STATEMENT OF ELIGIBILITY AND QUALIFICATION exv25w1
 

Exhibit 25.1
 
 
FORM T-1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939 OF A
CORPORATION DESIGNATED TO ACT AS TRUSTEE
CHECK IF AN APPLICATION TO DETERMINE
ELIGIBILITY OF A TRUSTEE PURSUANT TO
SECTION 305(b)(2)         o
 
THE BANK OF NEW YORK TRUST COMPANY, N.A.
(Exact name of trustee as specified in its charter)
     
    95-3571558 
(State of incorporation   (I.R.S. employer
if not a U.S. national bank)   identification no.)
     
700 South Flower Street
Suite 500
Los Angeles, California
 
 
 90017
(Address of principal executive offices)   (Zip code)
 
BASIC ENERGY SERVICES, INC.
(Exact name of obligor as specified in its charter)
     
Delaware   54-2091194 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
 79701
(Zip Code)
 
Basic Energy Services GP, LLC
(Exact Name of Guarantor as specified in its charter)
     
Delaware   54-2091197 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
 79701
(Zip Code)

 


 

Basic Energy Services LP, LLC
(Exact Name of Guarantor as specified in its charter)
     
Delaware   54-2091195 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
79701
(Zip Code)
Basic Energy Services, L.P.
(Exact Name of Guarantor as specified in its charter)
     
Delaware   75-2441819 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
79701
(Zip Code)
Basic ESA, Inc.
(Exact Name of Guarantor as specified in its charter)
     
Texas   75-1772279 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
79701
(Zip Code)
Energy Air Drilling Services Co., Inc.
(Exact Name of Guarantor as specified in its charter)
     
Colorado   84-0785320 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
79701
(Zip Code)

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R&R Hot Oil Service Inc.
(Exact Name of Guarantor as specified in its charter)
     
North Dakota   45-0355233 
(State or other jurisdiction of   (I.R.S. employer
incorporation or organization)   identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
79701
(Zip Code)
Basic Marine Services, Inc.
(Exact Name of Guarantor as specified in its charter)
     
Delaware   20-2274888 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
79701
(Zip Code)
First Energy Services Company
(Exact Name of Guarantor as specified in its charter)
     
Delaware   84-1544437 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
79701
(Zip Code)
LeBus Oil Field Service Co.
(Exact Name of Guarantor as specified in its charter)
     
Texas   75-2073125 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
79701
(Zip Code)

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Oilwell Fracturing Services, Inc.
(Exact Name of Guarantor as specified in its charter)
     
Oklahoma   73-1142826 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
79701
(Zip Code)
Western Oil Well Service Co.
(Exact Name of Guarantor as specified in its charter)
     
Montana   84-1424993 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
79701
(Zip Code)
FESCO Alaska Inc.
(Exact Name of Guarantor as specified in its charter)
     
Alaska   92-0177310 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
79701
(Zip Code)
H.B.&R., Inc.
(Exact Name of Guarantor as specified in its charter)
     
Montana   45-0322518 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
79701
(Zip Code)

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Globe Well Service, Inc.
(Exact Name of Guarantor as specified in its charter)
     
Texas   75-1634275 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
78701
(Zip Code)
S.C.H. Disposal, L.L.C.
(Exact Name of Guarantor as specified in its charter)
     
Texas   75-2788335 
(State or other jurisdiction of
incorporation or organization)
  (I.R.S. employer
identification no.)
     
400 W Illinois, Suite 800
Midland, Texas

(Address of principal executive offices)
 
78701
(Zip Code)
 
(7.125% Senior Notes due 4/15/2016)
(Title of the indenture security)
 
 

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1.   General information. Furnish the following information as to the trustee:
  (a)   Name and address of each examining or supervising authority to which it is subject.
     
Name   Address
Comptroller of the Currency
United States Department of the Treasury
  Washington, D.C. 20219
 
   
Federal Reserve Bank
  San Francisco, California 94105
 
   
Federal Deposit Insurance Corporation
  Washington, D.C. 20429
  (b)   Whether it is authorized to exercise corporate trust powers.
Yes.
2.   Affiliations with Obligor.
 
    If the obligor is an affiliate of the trustee, describe each such affiliation.
 
    None.
 
3-15.   Not applicable.
 
16.   List of Exhibits.
 
    Exhibits identified in parentheses below, on file with the Commission, are incorporated herein by reference as an exhibit hereto, pursuant to Rule 7a-29 under the Trust Indenture Act of 1939 (the “Act”) and 17 C.F.R. 229.10(d).
  1.   A copy of the articles of association of The Bank of New York Trust Company, N.A. (Exhibit 1 to Form T-1 filed with Registration Statement No. 333-121948).
 
  2.   A copy of certificate of authority of the trustee to commence business. (Exhibit 2 to Form T-1 filed with Registration Statement No. 333-121948).
 
  3.   A copy of the authorization of the trustee to exercise corporate trust powers. (Exhibit 3 to Form T-1 filed with Registration Statement No. 333-121948).4. A copy of the existing by-laws of the trustee. (Exhibit 4 to Form T-1 filed with Registration Statement No. 333-121948).
 
  6.   The consent of the trustee required by Section 321(b) of the Act.
 
  7.   A copy of the latest report of condition of the Trustee published pursuant to law or to the requirements of its supervising or examining authority.

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SIGNATURE
     Pursuant to the requirements of the Act, the trustee, The Bank of New York Trust Company, N.A., a banking association organized and existing under the laws of the United States of America, has duly caused this statement of eligibility to be signed on its behalf by the undersigned, thereunto duly authorized, all in The City of Dallas, and State of Texas, on the 12th day of July, 2006.
     
 
  THE BANK OF NEW YORK TRUST
COMPANY, N.A.
 
   
 
  By: -s- John C. Stohlmann
 
  Name: John C. Stohlmann
 
  Title: Vice President

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EXHIBIT 6
CONSENT OF THE TRUSTEE
Pursuant to the requirements of Section 321 (b) of the Trust Indenture Act of 1939, and in connection with the proposed issue of Colorado Interstate Gas Company Senior Note Securities, The Bank of New York Trust Company, N.A. hereby consents that reports of examinations by Federal, State, Territorial or District authorities may be furnished by such authorities to the Securities and Exchange Commission upon request therefore.
         
  THE BANK OF NEW YORK TRUST COMPANY, N.A.
 
 
  By:   -s- John C. Stohlmann    
    Name:   John C. Stohlmann   
    Title:   Vice President   
 
Dallas, Texas
July 12, 2006

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EXHIBIT 7
Consolidated Report of Condition of
THE BANK OF NEW YORK TRUST COMPANY, N.A.
of 700 S. Flower Street, 2nd Floor, Los Angeles, CA 90017
     At the close of business March 31, 2006, published in accordance with Federal regulatory authority instructions.
         
    Dollar Amounts  
    in Thousands  
ASSETS
       
 
       
Cash and balances due from depository institutions:
       
Noninterest-bearing balances and currency and coin
    3,453  
Interest-bearing balances
    0  
Securities:
       
Held-to-maturity securities
    63  
Available-for-sale securities
    62,137  
Federal funds sold and securities purchased under agreements to resell:
       
Federal funds sold
    40,800  
Securities purchased under agreements to resell
    115,000  
Loans and lease financing receivables:
       
Loans and leases held for sale
    0  
Loans and leases, net of unearned income
    0  
LESS: Allowance for loan and lease losses
    0  
Loans and leases, net of unearned income and allowance
    0  
Trading assets
    0  
Premises and fixed assets (including capitalized leases)
    4,043  
Other real estate owned
    0  
Investments in unconsolidated subsidiaries and associated companies
    0  
Customers’ liability to this bank on acceptances outstanding
    0  
Intangible assets:
       
Goodwill
    265,964  
Other Intangible Assets
    15,721  
Other assets
    37,548  
 
     
Total assets
    544,729  

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    Dollar Amounts  
    in Thousands  
LIABILITIES
       
 
       
Deposits:
       
In domestic offices
       
Noninterest – bearing
    1,891  
Interest-bearing
    0  
Not applicable
       
Federal funds purchased and securities sold under agreements to repurchase:
       
Federal funds purchased
    0  
Securities sold under agreements to repurchase
    0  
Trading liabilities
    0  
Other borrowed money:
       
(includes mortgage indebtedness and obligations under capitalized leases)
    58,000  
Not applicable
       
Bank’s liability on acceptances executed and outstanding
    0  
Subordinated notes and debentures
    0  
Other liabilities
    73,236  
Total liabilities
  $ 133,127  
Minority interest in consolidated subsidiaries
    0  
 
       
EQUITY CAPITAL
       
 
       
Perpetual preferred stock and related surplus
    0  
Common stock
    1,000  
Surplus
    321,520  
Retained earnings
    89,351  
Accumulated other comprehensive income
    (269 )
Other equity capital components
    0  
 
     
Total equity capital
  $ 411,602  
 
     
Total liabilities, minority interest, and equity capital
  $ 544,729  
     I, Delia V. Dailo, Vice President of the above-named bank do hereby declare that this Report of Condition has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true to the best of my knowledge and belief.
     Delia V. Dailo           )           Vice President
     We, the undersigned directors, attest to the correctness of this Report of Condition and declare that it has been examined by us and to the best of our knowledge and belief has been prepared in conformance with the instructions issued by the appropriate Federal regulatory authority and is true and correct.
     Michael K Klugman          )
     Michael F. McFadden, MD)           Directors
     George Lagoa, MD           )

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